Decision details

The Executive Member (Resources), Councillor Peter Wilson, presented the report of the Statutory Finance Officer which sets out the provisional revenue and capital outturn figures for the Council as compared against the budgets and efficiency savings targets set for the financial year 2018/19.

Councillor Martin Boardman, Deputy Leader of the Opposition, queried the fall in income levels relating to planning application fees.  Member noted that the numbers of homes built in Chorley is expected to rise under the National Planning Policy Framework. 

The Executive Member (Resources), Councillor Peter Wilson, proposed and the Executive Leader, Councillor Alistair Bradley, seconded the Decision – to

1.    Note the full year forecast position for the 2018/19 revenue budget and capital investment programme.

2.    Note the forecast position on the Council's reserves.

3.    Grant approval for the contribution of £200,000 from in-year revenue underspends to the Business Rates Retention Reserve.

4.    Grant approval for the contribution of £90,000 from in-year revenue underspends to finance the commissioning of a Highways and Transport Strategy.

5.    Note Executive Cabinet approval for the contribution of £10,000 from in-year revenue underspends to finance the desktop study of pupil projections and need for additional schools in Chorley.

6.    Note the capital programme to be delivered in 2018/19 to 2020/21.